To judge from the headline of the Cleantech Group's Q2 numbers, "Global Clean Technology Venture Investment Increases 65 Percent in 1H 2010", you might think that cleantech venture capital is white hot right now.
It's certainly not as bad as it was in 1H09. But there are signs in the CG numbers that things remain fairly tepid. As the press release describes, the number of deals actually went down from Q1 to Q2 (from 192 to 140), for example.
But this is why we ignore headlines, and even dollar totals, and dig into the details, right?
So what are the trends of interest within the broader mediocre activity level in the sector. First of all, much of the decline in deal count (which,...